Thai Solar Energy PCL (BKK:TSE)

Thai Solar Energy PCL Statistics

Total Valuation

BKK:TSE has a market cap or net worth of THB 867.24 million. The enterprise value is 3.51 billion.

Market Cap	867.24M
Enterprise Value	3.51B

Important Dates

The last earnings date was Thursday, February 26, 2026.

Earnings Date	Feb 26, 2026
Ex-Dividend Date	n/a

Share Statistics

BKK:TSE has 2.12 billion shares outstanding. The number of shares has increased by 11.89% in one year.

Current Share Class	2.12B
Shares Outstanding	2.12B
Shares Change (YoY)	+11.89%
Shares Change (QoQ)	+41.38%
Owned by Insiders (%)	51.13%
Owned by Institutions (%)	45.75%
Float	843.18M

Valuation Ratios

The trailing PE ratio is 20.50.

PE Ratio	20.50
Forward PE	n/a
PS Ratio	0.67
PB Ratio	0.28
P/TBV Ratio	0.46
P/FCF Ratio	11.65
P/OCF Ratio	2.50
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.90, with an EV/FCF ratio of 47.11.

EV / Earnings	75.03
EV / Sales	2.70
EV / EBITDA	5.90
EV / EBIT	12.67
EV / FCF	47.11

Financial Position

The company has a current ratio of 0.74, with a Debt / Equity ratio of 1.07.

Current Ratio	0.74
Quick Ratio	0.57
Debt / Equity	1.07
Debt / EBITDA	6.18
Debt / FCF	44.07
Interest Coverage	1.03

Financial Efficiency

Return on equity (ROE) is 1.41% and return on invested capital (ROIC) is 1.96%.

Return on Equity (ROE)	1.41%
Return on Assets (ROA)	1.83%
Return on Invested Capital (ROIC)	1.96%
Return on Capital Employed (ROCE)	4.14%
Weighted Average Cost of Capital (WACC)	5.20%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.18
Inventory Turnover	20.58

Taxes

Income Tax	-2.17M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -2.38% in the last 52 weeks. The beta is 0.33, so BKK:TSE's price volatility has been lower than the market average.

Beta (5Y)	0.33
52-Week Price Change	-2.38%
50-Day Moving Average	0.44
200-Day Moving Average	0.44
Relative Strength Index (RSI)	36.56
Average Volume (20 Days)	1,885,228

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, BKK:TSE had revenue of THB 1.30 billion and earned 46.74 million in profits. Earnings per share was 0.02.

Revenue	1.30B
Gross Profit	361.68M
Operating Income	213.23M
Pretax Income	40.61M
Net Income	46.74M
EBITDA	530.74M
EBIT	213.23M
Earnings Per Share (EPS)	0.02

Balance Sheet

The company has 684.49 million in cash and 3.28 billion in debt, with a net cash position of -2.60 billion or -1.23 per share.

Cash & Cash Equivalents	684.49M
Total Debt	3.28B
Net Cash	-2.60B
Net Cash Per Share	-1.23
Equity (Book Value)	3.08B
Book Value Per Share	1.43
Working Capital	-430.29M

Cash Flow

In the last 12 months, operating cash flow was 346.24 million and capital expenditures -271.81 million, giving a free cash flow of 74.43 million.

Operating Cash Flow	346.24M
Capital Expenditures	-271.81M
Free Cash Flow	74.43M
FCF Per Share	0.04

Margins

Gross margin is 27.85%, with operating and profit margins of 16.42% and 3.60%.

Gross Margin	27.85%
Operating Margin	16.42%
Pretax Margin	3.13%
Profit Margin	3.60%
EBITDA Margin	40.87%
EBIT Margin	16.42%
FCF Margin	5.73%

Dividends & Yields

BKK:TSE does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-11.89%
Shareholder Yield	-11.89%
Earnings Yield	5.39%
FCF Yield	8.58%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 26, 2018. It was a forward split with a ratio of 1.05.

Last Split Date	Mar 26, 2018
Split Type	Forward
Split Ratio	1.05

Scores

Altman Z-Score	n/a
Piotroski F-Score	4